Page 19 - Business Doctors ESD Solution 2020

The Gazelles program results have been incorporated and uses the group benchmarking data comparing each of the C4G selected measures. While the National Gazelles program is not focused on revenue and profit increase, its focus on the other 8 critical business factors have a direct impact on the improvement of revenue and profit generation while at the same time positively impacting on job creation.
The above results compare the success of the National Gazelles program delivered by Business Doctors to the benchmark of the results achieved by the 8 Business Development Service providers comparing:
MEDIAN REVENUE GROWTH
The report covers median revenue per category and median revenue growth.
FULL TIME EMPLOYMENT
Ability of small business to add full and part time jobs. Report only indicates how to engage with job growth, rather than showing the actual impact.
IMPROVE BUSINESS PROCESSES
Extent to which SMME’s had converted to - keeping basic records, keeping balance sheet records, conduct financial planning
IMPROVED MARGINS
Many of the businesses assessed were loss making. A margin was listed as improved if the business reflected an improved profit or reduced loss
ECONOMIC VALUE ADD
Creating more SMME’s and growing them to suitable sustainability levels also creates more wealth and spend in the economy. This increased liquidity becomes an economic driver in its own right, stimulating induced and indirect jobs.
The National Gazelles Program is perfectly aligned to the key measures driving improved performance and increased value. The program is structured to add maximum focus to business development and strategic focus areas whilst at the same time addressing other critical aspects like access to markets, sales and marketing support. Training was identified as one area that will need attention and a skills development proposal was submitted to the Skills fund.